GENIUS Act

Highlights: Standard Chartered analysts say up to $1 trillion could shift from emerging market banks to stablecoins. They note stablecoins act as digital USD accounts, offering 24/7 access and lower risk than local bank deposits.  They highlight that countries like […]

Highlights: Coinbase CEO announced plans to evolve into a full-service crypto super app. Armstrong said the goal is to replace banks by offering blockchain-based services. Coinbase will launch a credit card giving users 4% rewards in Bitcoin. Coinbase CEO Brian […]

Highlights: The US Treasury has extended the GENIUS Act review, with feedback due by October 20. The US Treasury is seeking feedback on tax rules, foreign issuers, and the oversight balance for stablecoins. The Senate is to vote on the […]

Highlights: Kelley warns the GENIUS Act loophole could hurt rural American towns and local banks. Crypto platforms give high rewards but have no FDIC insurance, risking people’s money. Loopholes in the law may let foreign stablecoin firms harm U.S. community […]

Highlights: The U.S. Treasury has invited public input on detecting illicit activity in digital assets and stablecoins. Public feedback will guide research on the effectiveness, privacy, cybersecurity, and costs of crypto monitoring tools. Stablecoins could expand dollar access for billions […]

Highlights: Citigroup eyes custody services for stablecoins and crypto ETFs amid rising demand. Citi plans to support stablecoin-backed payments using tokenized U.S. dollar transfers. The U.S. GENIUS Act drives Citi’s expansion into regulated digital asset custody. U.S. banking giant Citigroup […]

Highlights: US bank groups warn GENIUS Act loophole could trigger $6.6 trillion deposit outflows. Yield payments via exchanges may bypass the law and risk credit supply and higher borrowing costs. The stablecoin market is currently $280.2 billion, projected to reach […]

Highlights: White House outlines clear crypto rules, calls for SEC-CFTC shared oversight, and supports bank custody services. Report backs stablecoins under the GENIUS Act, rejects CBDC plans, and urges updated crypto tax rules. Bo Hines confirms ongoing support for a […]

Highlights: Anchorage Digital partners with Ethena Labs to launch the first GENIUS-compliant stablecoin. USDtb stablecoin will be issued in the U.S. under Anchorage’s federal crypto bank license. The move enables regulated institutional access to programmable digital dollars. Anchorage Digital has […]

Highlights: Ether Machine founder says Ether outperformed Bitcoin over 10 years with up to 50x returns. Andrew Keys believes Ether will gain the most from GENIUS Act and stablecoins. Peter Schiff claims Ethereum remains bearish against Bitcoin despite recent market […]

Highlights: Western Union is testing stablecoins to speed up transfers and lower costs in South America and Africa. Warren cautioned GENIUS Act has encouraged firms to explore stablecoin services for global payments. Stablecoins can reduce remittance fees and improve access […]

Highlights: Trump signed the GENIUS Act after delays and called it a big step for crypto. New law sets strict stablecoin rules, including full backing and yearly audits. Crypto leaders and top firms join the White House, praising the law […]